A Leading Nordic Bank Selects Infront as Technology Partner for Web Solution

A leading Nordic bank has selected Infront as a technology partner for it web-based financial datasolution. The bank is a provider of a full range of services towards different customer segments,and is a leading provider of investment analysis. The bank gives customers the opportunity totrade mutual funds, shares, and other market-traded instruments. Internet banking is the maintrading hub used by private investors, and includes various advice regarding funds or shareinvestments – in addition to information about markets and political events. Communicationabout different types of investments mainly takes place by email, on the company’s website, andsome via mobile apps.

The Problem

To meet the requirements of private customers, the company would like to present their savingsoffering in a modern way. The need for portfolio and trading functionality, in combination with aninformation hub must be fulfilled in the new solution, with delivery through one complete service.The bank would like to enhance the customer’s digital experience with additional distributionchannels, and a focus on mobile devices.

The Solution

The solution is based on the Infront Web Toolkit, providing ready-made HTML5web components, which display real-time market data and trading services. Thebank has combined these with their own content and has significantly reducedthe time and resources that would be required to launch in-house market dataand trading services. The solution also enables significant cost savings as itincludes the managing and hosting of market data services. The technologytargets private investors and small and mid-sized companies, and is available tothe bank’s private and corporate clients as an open web service.

Effect on Business

With the Infront Web Toolkit, the organization aims to increase customersatisfaction by being able to offer a personalized service for the end-user. Thequality of investment recommendations will improve, and trading functionality inthe Internet bank and in other distribution channels will be improved – yielding ahigher number of trades